Inside DFW Real Estate

Plano, Texas real estate market update

Each month, The Dunnican Team publishes housing market updates covering the cities we serve across Northeast Dallas, Collin, Hunt and Rockwall Counties.

Our reports are sourced directly from the MLS transaction data, not estimates or industry averages, and always compared year-over-year so you can tell what's actually changing.

Our goal is to give you the same honest picture we use with our clients, explained the way we'd explain it across the table.

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inside DFW real estate

monthly market update

Plano closed 215 homes in September 2026, up 7.5% from a year earlier, while active listings fell 17.5% to 678. Months of inventory tightened to 3.2, leaning clearly toward sellers, and homes went under contract in a median of 45 days. Prices held roughly steady, with the median at $500,000 and price per square foot down 1.9%.

Plano, TX Housing Market Update – September 2026

Plano Housing Market Update | Reporting Period: Sep 1–Sep 30, 2026 • Data via NTREIS MLS

About this report. This is The Dunnican Team's monthly housing market update for Plano, Texas. Every figure comes straight from NTREIS MLS transaction data — what homes actually sold for, not estimates or automated valuations — and each one is measured against the same month a year earlier, because a number only means something when you can see what it used to be. Below you'll find the median sale price, closed sales, active inventory, months of supply, and days on market, along with what each of those actually means if you're weighing a move. We publish these every month so you can watch the trend rather than react to a single number. It's the same picture we walk our own clients through, explained the way we'd explain it across the table.

Quick Read

Plano is one of the tightest markets in our coverage area this month. Closed sales rose 7.5% to 215 while active listings fell 17.5% to 678, pulling months of inventory down to 3.2 from 3.9, which leans toward sellers. Homes went under contract in a median of 45 days, a week faster than last year. Prices held roughly steady, with the median at $500,000, down 1.7%, and price per square foot down 1.9%.

Key Highlights | Plano Housing Market Update

Median Price: $500,000 (−1.7% YoY)
Closed Sales: 215 (+7.5% YoY)
Active Listings: 678 (−17.5% YoY)
Months of Inventory: 3.2 (−0.7 from September 2025)

Market Commentary

PRICES
The Plano median sale price was $500,000 in September 2026, down 1.7% from September 2025, which keeps pricing in stable territory. Median price per square foot moved in step, down 1.9% to $209.62, so the slight decline reflects comparable homes selling for a little less rather than a shift in the mix. The $500,000–$749,999 range was the most active, at 37.2% of closed sales, followed by $400,000–$499,999 at 21.9%. Homes closed at a median of 95.0% of original list price, stronger than the DFW Metroplex at 93.8%. For context, the DFW median was $379,990 and the Texas median was $329,900.

SALES ACTIVITY
A total of 215 homes closed in Plano in September, up 7.5% from 200 in September 2025. The median home took 45 days to go under contract, seven days faster than a year ago, and 29 days from contract to close. Total time from listing to closing was 74 days, compared with 95 days across the DFW Metroplex.

INVENTORY
Active listings totaled 678, down 17.5% from 822 a year ago, a noticeably tighter selection for buyers. Because sales rose at the same time, this reflects buyers absorbing homes faster, not a pullback in activity.

MARKET BALANCE
Months of inventory fell to 3.2 from 3.9 a year ago, well under the 4.0-month level that typically favors sellers and well below the DFW Metroplex at 4.5 months and Texas at 5.5 months. Plano has moved further into seller-leaning territory, even with prices holding flat.

What Sellers Need to Know

Supply is tight at 3.2 months, and homes went under contract in a median of 45 days.
Homes closed at a median of 95.0% of original list price, stronger than the DFW median of 93.8%.
Prices are steady rather than rising, with price per square foot down 1.9%, so price to current comparable sales.
Active listings are down 17.5%, so well-priced homes face less competition than they did last fall.

What Buyers Need to Know

Selection is tighter than a year ago, with 678 active listings and 3.2 months of supply.
Prices have held flat, with the median at $500,000, so tighter supply hasn't pushed values up.
Well-priced homes are going under contract in about 45 days, so have your financing ready before you find the right one.
The $400,000–$749,999 range accounted for 59.1% of September's sales.

Plano Housing Market Outlook: Fall 2026

Plano heads into the fall with rising sales, shrinking inventory, and steady prices. If closings stay near September's pace while listings remain well below last year's level, months of supply will likely stay under 4.0 through the holidays. Mortgage rates moved higher through late September and early October, and if they stay elevated, that could slow the sales momentum seen in September. If rates ease, tight supply suggests competition for well-priced homes would pick up quickly, which could put upward pressure on prices that have so far held flat. Sellers who price to current comparable sales are best positioned.

Trending in Real Estate News

Housing Market Update: Asking Prices Fall for the First Time Since March (Redfin, October 15, 2026)
National asking prices slipped below last year's level, a record share of sellers cut their price, and Dallas was among the metros with the steepest drop in new listings.
Zillow September 2026 Market Report (Zillow Research, October 6, 2026)
Newly pending sales fell sharply nationwide in September as mortgage rates climbed, while home values stayed close to flat.
Have Mortgage Rates Peaked, or Will We See Even More Chaos? (HousingWire, October 10, 2026)
A look at the bond-market volatility behind this fall's higher mortgage rates, and what it has meant for pending sales and price cuts.
Homebuyers Have More Fresh Options Than They've Had in 4 Years (Redfin, September 3, 2026)
New listings rose nationally while demand stayed flat, though Dallas and Fort Worth were exceptions, with fewer new listings than a year earlier.

Numbers describe a market. They do not describe your home, your street, or your timeline. If you are weighing a move in Plano, Texas, Cindy and Cory Dunnican are glad to walk through what this data means for your specific situation — no pressure, no obligation. Get in touch with The Dunnican Team or call 972-679-1789.

Source: Texas REALTORS® Data Relevance Project via MetroTex Association of REALTORS® (Plano, Dallas-Fort Worth-Arlington MSA, and Texas; September 2026, with September 2025 comparisons). Underlying data from NTREIS MLS; analysis provided through the Texas Real Estate Research Center at Texas A&M University.

Plano Housing Market FAQs – September 2026

Is it a good time to sell a home in Plano?

Supply favors sellers. Months of inventory fell to 3.2 in September 2026, active listings dropped 17.5%, and homes closed at a median of 95.0% of original list price. Prices are flat, though, so pricing to current comparable sales still matters.

Is it a good time to buy a home in Plano?

Expect competition for well-priced homes. Selection is tighter than a year ago and homes are going under contract in about 45 days, but prices haven't risen, with the median at $500,000.

How long are homes taking to sell in Plano?

In September 2026, the median home took 45 days to go under contract and 29 days from contract to close, for 74 days in total. That's six days faster than a year ago and faster than the DFW Metroplex at 95 days.

Are home prices rising or falling in Plano?

Roughly flat. The median was $500,000, down 1.7%, and price per square foot fell 1.9% to $209.62. Because both measures moved together, comparable homes are selling for slightly less than a year ago.

How competitive is the Plano housing market?

Among the most competitive in our coverage area this month. At 3.2 months of inventory, Plano leans clearly toward sellers, and sales rose 7.5% while listings fell 17.5%.

Have questions about what these numbers mean for your home or your search? Connect with The Dunnican Team. We're glad to walk through your neighborhood and price range.

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